Venezuelan President Hugo Chávez appointed on Tuesday Elías Jaua as the new Minister of Foreign Affairs. Jaua, in turn, thanked the president for "the new token of confidence."

The news was given by Venezuelan Vice-President Nicolás Maduro during the session at the National Assembly where he submitted the Yearly Report for fiscal year 2012.

Venezuelan Vice-President Nicolás Maduro appeared at the National Assembly (AN) on Tuesday to introduce the government report for 2012.

The session was led by Congress Speaker Diosdado Cabello. The president of the Supreme Tribunal of Justice (TSJ), Luisa Estella Morales; Adelina González, the president of the Repubilcan Moral Council, and the president of the National Electoral Council, Tibisay Lucena, attended the event.

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As Venezuelan deposits of public funds in Swiss bank accounts have been revealed, opposition Deputy Andrés Velásquez wonders whatever happened to the USD 500 million worth of CVG funds that turned up in coded bank accounts in Lebanon five years ago.